Updated Oct 29, 2024
Daily Paper Leases 6000 Square Feet At 18 Delancey St New York From Solar Realty Management
18 Delancey St, New York, NY, 10002
Building Size
6,000 SF
Asset Type
Parking Lot
Closing
Dec 14, 2020
About this deal
AI
The property asset involved in this transaction is located at 18 Delancey St, New York, NY, 10002. It encompasses a total area of 6,000 square feet and is part of the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 18 Delancey St, New York, NY, 10002
- Market: New York
- Tenant: Daily Paper
- Landlord: Solar Realty Management
- Tenant's Representative: Claire Chapin-Selene
The deal involves the collaboration between another representative aspect of the parties, with Claire Chapin-Selene representing the tenant, Daily Paper, in this lease transaction facilitated by Solar Realty Management as the landlord.
Players
New York Parking Lot Market Snapshot
Boundary boundary · Parking Lot · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93